Vietnam: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Vietnam

The Vietnamese market for non-domestic percolators and equipment for cooking or heating food stood at $X in 2022, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a significant expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Vietnam

In 2022, exports of non-domestic percolators and equipment for cooking or heating food from Vietnam fell remarkably to X units, with a decrease of X% on 2021. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food dropped significantly to $X in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2021, and then dropped notably in the following year.

Exports by Country

Japan (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Vietnam, with a X% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to Japan exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), sevenfold. The third position in this ranking was held by Singapore (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Japan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Singapore (X% per year).

In value terms, Japan ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Vietnam, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Singapore (X% per year).

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price enjoyed a remarkable increase. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($X per unit), while the average price for exports to Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Vietnam

Imports of non-domestic percolators and equipment for cooking or heating food into Vietnam shrank to X units in 2022, reducing by X% compared with the previous year. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food declined to $X in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Thailand (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Vietnam, with a combined X% share of total imports. South Korea, Japan, India, Germany, Malaysia, Spain, the United States and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to Vietnam were China ($X), Italy ($X) and Thailand ($X), with a combined X% share of total imports. South Korea, Japan, India, Germany, Malaysia, Spain, the United States and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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